Mn Services Vermogensbeheer B.V. Cuts Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mn Services Vermogensbeheer B.V. lowered its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 98,881 shares of the company’s stock after selling 3,700 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Hilton Worldwide were worth $22,792,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Harbor Capital Advisors Inc. lifted its position in shares of Hilton Worldwide by 0.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 8,443 shares of the company’s stock valued at $1,946,000 after buying an additional 44 shares in the last quarter. Massmutual Trust Co. FSB ADV lifted its holdings in Hilton Worldwide by 4.1% during the third quarter. Massmutual Trust Co. FSB ADV now owns 1,169 shares of the company’s stock valued at $269,000 after purchasing an additional 46 shares in the last quarter. Meadow Creek Wealth Advisors LLC grew its position in shares of Hilton Worldwide by 4.2% in the third quarter. Meadow Creek Wealth Advisors LLC now owns 1,184 shares of the company’s stock valued at $273,000 after purchasing an additional 48 shares during the period. EP Wealth Advisors LLC increased its stake in shares of Hilton Worldwide by 1.5% during the first quarter. EP Wealth Advisors LLC now owns 3,616 shares of the company’s stock worth $771,000 after purchasing an additional 54 shares in the last quarter. Finally, AA Financial Advisors LLC raised its position in shares of Hilton Worldwide by 4.0% during the 2nd quarter. AA Financial Advisors LLC now owns 1,434 shares of the company’s stock worth $313,000 after purchasing an additional 55 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Michael W. Duffy sold 14,357 shares of Hilton Worldwide stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $235.73, for a total value of $3,384,375.61. Following the completion of the sale, the insider now directly owns 22,833 shares of the company’s stock, valued at approximately $5,382,423.09. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, insider Michael W. Duffy sold 14,357 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $235.73, for a total value of $3,384,375.61. Following the completion of the transaction, the insider now owns 22,833 shares in the company, valued at approximately $5,382,423.09. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Laura Fuentes sold 4,919 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the sale, the insider now owns 15,949 shares in the company, valued at approximately $3,460,933. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.50% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on HLT. Robert W. Baird lifted their price objective on Hilton Worldwide from $235.00 to $236.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. increased their price objective on Hilton Worldwide from $200.00 to $216.00 and gave the company a “neutral” rating in a research note on Friday, July 19th. Barclays lowered their target price on shares of Hilton Worldwide from $244.00 to $243.00 and set an “overweight” rating on the stock in a research note on Thursday, October 24th. Wells Fargo & Company reduced their target price on shares of Hilton Worldwide from $237.00 to $232.00 and set an “equal weight” rating for the company in a research report on Thursday, October 24th. Finally, Evercore ISI upped their price objective on shares of Hilton Worldwide from $210.00 to $240.00 and gave the company an “in-line” rating in a research note on Monday, October 21st. Eleven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Hilton Worldwide has an average rating of “Hold” and an average target price of $228.71.

Hilton Worldwide Stock Down 1.3 %

Shares of Hilton Worldwide stock opened at $233.40 on Tuesday. The business’s fifty day simple moving average is $228.03 and its 200-day simple moving average is $215.71. The firm has a market cap of $56.90 billion, a PE ratio of 50.09, a price-to-earnings-growth ratio of 2.97 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 52 week low of $154.82 and a 52 week high of $241.24.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.07. The company had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.90 billion. Hilton Worldwide had a net margin of 10.70% and a negative return on equity of 60.85%. Hilton Worldwide’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.67 earnings per share. As a group, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 15th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Friday, November 15th. Hilton Worldwide’s payout ratio is 12.88%.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.